Dec 11 (Reuters) - Canada's Manulife Financial said on Monday it has agreed to reinsure C$13 billion of reserves, including C$6 billion, or 14% of total long-term care reserves, to Global Atlantic and its partners. (Reporting by Pritam Biswas in Bengaluru; Editing by Shilpi Majumdar)
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“When she died, we were told by her attorney that we were responsible for the taxes and property insurance during the time when the life tennant lives in the home.”
The number probably isn't anywhere near what you think it is.